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   WWW.RLFANS.COM • View topic - Accounts up till November 2020.
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Re: Accounts up till November 2020. : Tue Aug 31, 2021 8:45 pm  
Take into account that these are for the covid season where we had no income for games either.
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Re: Accounts up till November 2020. : Tue Aug 31, 2021 8:51 pm  
The new supporters squadbooster scheme is definitely proving worthwhile but the more the merrier. The recruitment and retention is going well but you can’t have too many members and at. Min cost of £5 pm hopefully more people can commit and help the cause

Here’s hoping for more good news soon

Any questions please ask

http://Www.bullssquadbooster.co.uk
The new supporters squadbooster scheme is definitely proving worthwhile but the more the merrier. The recruitment and retention is going well but you can’t have too many members and at. Min cost of £5 pm hopefully more people can commit and help the cause

Here’s hoping for more good news soon

Any questions please ask

http://Www.bullssquadbooster.co.uk
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Re: Accounts up till November 2020. : Wed Sep 01, 2021 1:19 pm  
Looking at the accounts I would say there is cause for some cautious optimism, but there are some factors which should still be considered.

Firstly, whilst covid will have significantly reduced our levels of income, it would also have resulted in our expenditure being reduced to almost zero. Staff costs would have been picked up by the government furlough scheme for large periods of 2020 and without any ground costs to factor, a loss of income have been negligible.

Another consideration will be the extent of the loan the Bulls secured from the RFL in October last year. The emergency bail-out loan that was offered by the government to the sport could be a reason why the bank balance looks healthy, especially if the club have had to use very little of it. However, we don't know the exact extent of the money borrowed so cannot really tell whether it was a good thing or not.

Overall I think its too early to say if this is the start of a period of long term stability. Being 3/4 million £ in the red is still not an idea position but then again it was never going to be solved over night.
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Re: Accounts up till November 2020. : Wed Sep 01, 2021 2:22 pm  
Still taking some time to clear up the mess left by Chalmers. Who was it that was responsible for him taking over???
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